EMS, headquartered in Peterborough, N.H., operates 69 stores in 12 states. The company was started when two Massachusetts rock climbers decided to open a store that addressed the needs of rock climbers.

Versa won’t consider any major initiatives until after the holiday season, according to Mark Walsh, a Versa principal. Versa will explore opportunities for EMS and Bob’s Stores, also one of its portfolio companies, to collaborate.

The Philadelphia-based firm also owns Bell and Howell, American Laser Skincare and Black Angus Steakhouse.